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196 Nile Street
Stratford Stratford N5A 4E6

$649,900
Residential Freehold beds: 7 baths: 4.0

Main Photo: 196 Nile Street: Stratford House for sale : MLS®# X13083770
Photo 1: 196 Nile Street: Stratford House for sale : MLS®# X13083770
Photo 2: 196 Nile Street: Stratford House for sale : MLS®# X13083770
Photo 3: 196 Nile Street: Stratford House for sale : MLS®# X13083770
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Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
X13083770
Bedrooms:
7
Bathrooms:
4
Rare investment opportunity on Nile Street! This impressive Victorian triplex in the heart of Stratford offers a perfect blend of historic charm, exceptional stability, and immediate value-add potential. The property features three spacious townhouse-style units, 192, 194 and 196 Nile Street Stratford. The largest of the 3 units at 196 Nile is a 1,400 sq. ft. 3 bedroom home that underwent significant renovations in 2023, including all-new permitted electrical, plumbing, and HVAC, plus the addition of a second full bathroom and updated windows. For those investors looking to maximize returns, a permit has been submitted to split this unit into two dwellings; with some work already completed. The building further benefits from two incredibly stable, long-term tenancies. 192 Nile is an 1,100 sq. ft. 2 bedroom end-unit featuring a large, fully fenced private yard and two parking spots, while 194 Nile offers 1,000 sq. ft. 2 bedroom with two parking spots. Both units (tenanted since 2006 and 2009 respectively) pay their own utilities, keeping overhead low for the landlord. The property is capped with a four-year-old roof featuring 35-year shingles, and while currently wrapped in easy-to-maintain vinyl, the original wood board and batten remains preserved beneath. With a total of five parking spots and the unique opportunity to create a fourth unit, this is a versatile addition to any portfolio in a prime downtown location.
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
2-Storey
Total Approx Floor Area:
3500-5000
Lot Depth:
66'
Lot Frontage:
86'
Direction Faces:
West
Bedrooms:
7
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
7
Kitchens Above Grade:
3
Rooms Above Grade:
31
Zoning:
R2(2)
Heating type:
Forced Air
Heating Fuel:
Gas
Fireplaces:
1
Foundation:
Stone
Roof:
Asphalt Shingle, Metal
Basement:
Crawl Space
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$5,497 / 2025
Assessment:
$- / 2025
Perth
Stratford
Stratford
Separate Heating Controls, Separate Hydro Meter, Water Heater Owned, Water Heater
Unit 194 has a tenant rented water heater.
All landlord owned appliances.
All tenant owned appliances and personal belongings, including tenant pool.
Aluminum Siding
Floor
Type
Size
Other
Ground
Other
14'10" × 10'6"
Ground
Dining Room
10'6" × 9'5¾"
Ground
Kitchen
12'2" × 7'6½"
Ground
Living Room
12'3¼" × 11'9"
Ground
Other
12'⅞" × 4'11"
Ground
Laundry
5'8" × 5'3¾"
Ground
Foyer
12'3" × 6'
Second
Bedroom
15'3" × 9'5¾"
Second
Bedroom
11'9" × 11'1½"
Second
Bedroom
12'4" × 9'2¼"
Second
Foyer
18'1" × 6'1"
Ground
Living Room
13'4¼" × 11'11"
Ground
Dining Room
10'8¾" × 8'10"
Ground
Kitchen
10'8" × 9'7"
Ground
Laundry
13'11" × 12'6"
Ground
Foyer
13'8" × 5'9"
Ground
Foyer
4'8" × 4'7½"
Second
Bedroom
15'6" × 8'8"
Second
Bedroom
14'10¾" × 9'1"
Ground
Living Room
12'8" × 11'5"
Ground
Foyer
12'11½" × 6'5"
Ground
Dining Room
11'7" × 11'7"
Ground
Kitchen
9'3" × 6'5½"
Ground
Laundry
12'8¾" × 11'2¼"
Ground
Office
12'8¾" × 6'6"
Second
Bedroom
14'10" × 12'
Second
Bedroom
15'1" × 10'4"
Floor
Ensuite
Pieces
Other
Ground
No
-
7'3¾" x 6'2"
Second
No
-
8'8" x 8'2"
Second
No
-
8'9⅛" x 11'10"
Second
No
-
6'8" x 8'8"
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
May 05, 2026
Original Price:
Previous Price:
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Listed by Sutton Group - First Choice Realty Ltd.
Data was last updated May 6, 2026 at 03:15 AM (UTC)
MATT FRANCIS
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.